Hummingbird Resources shares fly after gold firm raises $100m for Guinea...
HUMMINGBIRD Resources, a UK-listed gold producer, will produce first metal from its $115m Guinea project, Kouroussa in the second quarter of 2023 after raising...
Assore’s Sacco takes position on Gemfields board
ASSORE International MD, Patrick Sacco is to join the board of Gemfields - the UK-listed firm in which the bulk mining investment firm has...
Investors redeemed platinum ETFs in favour of PGM mining company dividends
REDEMPTIONS of platinum-backed exchange traded funds (ETFs) in South Africa totalled 173,000 ounces in the second quarter, according to a report by the World...
Iron ore prices surge taking mineral’s gains to 50% since September...
IRON ore futures surged following improved margins for Chinese steel manufacturers taking the raw material’s surge since a low in September to about 50%, said...
Return of resource nationalism to blame for declining rates of exploration...
EXPLORATION expenditure in Africa had dropped off sharply in recent years because of a growing number of barriers to new investment of which the...
AngloGold targets 30-40% cut in cash costs in bid to secure...
ANGLOGOLD Ashanti aims to slash cash costs which are currently 30% to 40% too high, said Alberto Calderon, CEO of the Johannesburg headquartered gold...
Bristow won’t “feed ducks quacking in the market” when quizzed on...
BARRICK Gold would "ultimately prevail" because it was building a long-term, investable business for all its stakeholders and not just the few that were...
Ivanhoe’s Friedland expects foreign migration to Congo’s “higher grade” copper mines
THE Democratic Republic of Congo (DRC) is "the Saudi Arabia of copper, cobalt and hydroelectric generation potential", according to Robert Friedland, the executive co-chairman...
DRC seeking ways to lure more investors amid global battery metals...
THE Democratic Republic of Congo (DRC) was working on measures aimed at attracting more investment into its mining sector amid the drive for green...
Endeavour concludes refinancing with pricing of $500m note
ENDEAVOUR Mining said on Thursday it had concluded the issue of $500m in senior notes as part of a major refinancing of the gold...